The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1887-12-03
MINING SUMMARY.
An Interesting Budget Of News from
Various SourceA
THE ALIEN LAND LAW.

The ALLEN LAM LAW
The repeal Of such portions of
the Alien Land Law as prohibits
the holding of mining property by
foreign owners is anxiously looked
forward to, and a speedy change of
the present law will be urged on
the assembling Of congress next
week. There are several important
sales now hanging fire, which will
be fully completed SO soon as the
desired repeal of the law becomes
a matter of fact. Meanwhile for
eign investors are by no means
losing interest in mining ventures.
Fully score Of pending sales of
Idaho properties are now contem-
plated, most of which will be con-
summated within II short time, if
the law is so changed as to allow
foreign capital chance of invest
ment upon even terms with that of
our own countrymen. 1t is upon
this contingency that the transfer
of valuable mining property at At
lanta alone rests, and should the
desired change be effected early in
the winter months, next summer
will see Atlanta transformed into q
busy, bustling mining camp, with
plenty of capital at its back. The
music of the stamps will then re-
vertebrate through the hills and
hundreds of men will find employ
ment. Other districts will also
enjoy the same fortunate opportu-
mites, and the various camps OF
Alturas, Custer, Washington and
Boise counties will present a scene
of activity never before realized.
1t is estimated that fully six mil
lions of dollars will be invested in
mines of South Idaho alone, which
is self-srfficient to ensure an era OF
prosperity unequaled in formel
years. With such brilliant prom
Use of the future it is not to be
wondered at that South Idaho, In
common with other territories, is
anxioasly awaiting the repeal O.
the obnoxious provision of the lano
law prohibiting the investment O
capital within her borders.
THE ALTURAs GOLD.
The official report of the work
ings of the Alturas Gold Company:
mine at Rocky Bar, for the month
of October. shows the total weigh
of ore crushed to have been 2,l3l
tons. The yield was as follows
Bullion g, o55;ounces, value 91O.6O;
Il7s. Cd. Expenses Sl5.7SO; prof
for the month, 81 ,13S 1Ss. Sd. AL
the stamps are running and th
machinery about mine and mil
runs smoothly. The estimates o
November production is go
ounces and $4,000 expenses. Tn
mine continues to improve in al
the levels now being worked, par
ticularly so in slopes over level Nc
I2. Some of the ore being take
out is remarkable in richness, an
the continued improvement mad
as the development proceeds show
the property becoming of immens
value. The impression has gener
ally prevailed that most Of the or
taken out by the .Alturas Compan.
is from the Gilmore mine, which
erroneous. The main work is o
the Great Eastern and Johnny Blu
claims, both of which are maxim
fine showing.
THE VIOLA MINE.
A new body Of ore has bee
struck in the southeast workings
the Viola extension that bids ia
to exceed in quantity and richnes
anything heretofore discovered o
the Viola hill. a cross-cut has bee
run on the vein a distance of thirt,
one feet. a shaft sunk eighty fe'
and no wall yet found. The OF
pitches directly into the mountain
is sand carbonate in character, an
averages from: Is to 20 ounces J
silver and 60 per cent. in lead. II
same vein has been struck IN II
3 Viola mine, but not so great
width. The smelter that had bee
closed down a month ago, Wit
little probability of starting u
again this winter, will soon be tire
and work resumed in good earnes
The people of Nicholia are jubila'
over the strike, as before it wa
made known a general feeling
uneasiness prevailed over the POI
outlook.
MINING NOTES.
The owners of the Idahoan mir
have executed a mortgage IN favt
of w. S. Mccormick to secure y!
345 SO, money overdrawn from II
bank of that gentleman.
Another fine vein Of galena nj
been struck in the lower workinl
of the Minnie Moore mine
The delinquent list of the Xii
: Of the West mine, Smoky distrie
shows 56,634 shares upon whlt
! assessment sNo. 2 of fifteen cen
: has not been paid, amounting
E sS495.1O. Unless paid by ne:
! Saturday the delinquent shares WI
he sold. :,